- Monthly rent: £585000
- Amenities:
- 6 Bedrooms
- 2 Bathrooms
- 1 Living Rooms
The Details
- Council tax band: D
Positioned on Hollingbury Road, this beautiful three story HMO represents a sound, safe and lucrative investment.
Holding a national HMO license, and right of use as a C4 dwelling (planning consent for HMO use), the property has been operated as a Student rental home for many years. Owing primarily to its location and size, the house has proved a safe investment, with ease to re-let each year, and the opportunity for annual rental growth.
The house offers excellent flexibility, having been well maintained structurally, and with moderate internal specification. This means the property can be bought and held with little investment needed. However with further investment to modernise, there is further scope to improve the rental return. Due to the property's location and architectural type, with aesthetic improvement the house has potential to be one of the flag ship student HMOs in the city, with rental potential in the region of £51,000 pa.
Unlike most other HMO hot-beds in the city, Hollingbury road retains high property values generally, including for residential properties. This proves further safety of investment, as there are various resale options as a continued buy-to-let, but also as a family home, or options to split the title and sell the site as multiple units.
Coapt are delighted to bring this sound investment property to market, and would be delighted to discuss its many merits and the options held for the property.
Disclaimer: Coapt Ltd make every effort to ensure the accuracy of advertised information, but are often reliant on third parties to acquire this. Where any details contained on this listing are of priority to you we advise speaking to one of our agents to confirm formal details, and also referring to and reading any tenancy agreement issued in relation to this property. Any tenancy agreement entered into is subject to contract, and the terms of this contract only. Some properties are marketed with bedding/furnishings that are not included when you move-in. Where locks are visible on bedroom doors, this does not guarantee the lock is functional or that keys are provided by the Landlord. Please speak to one of our team should you have any questions, Please note that bedding and other property dressing may be shown in marketing images, but these items are not included as part of the property. For formal confirmation on the provisions of the property, such as furniture items, if listed as furnished, please do speak to one of our agents. Some of our photos may have been amended by AI.
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- Call us: 01273 645797
- Email us: enquiries@coapt.co.uk
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